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Live cattle futures edged higher on firmer boxed beef and pre-Thanksgiving trade, while feeder cattle slipped on weak follow-through buying. Hog futures also eased on profit taking, and cash cattle trade was quiet ahead of the holiday.
Routine price moves in cattle and hogs with no major new supply or demand shock. Feeder and live cattle direction depends on packer buying and placements in the coming weeks.
brownfieldagnews.comJohn PerkinsNov 22, 2016Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
